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Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG (XTER:ECK) Interest Expense : €-0.60 Mil (TTM As of Mar. 2024)


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What is Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG's interest expense for the three months ended in Mar. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.60 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG's Operating Income for the three months ended in Mar. 2024 was € 0.00 Mil. Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG's Interest Expense for the three months ended in Mar. 2024 was € 0.00 Mil. Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG has no long-term debt (1). The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG Interest Expense Historical Data

The historical data trend for Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG Interest Expense Chart

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.41 -2.46 -2.40 -2.15 -2.60

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.60 - - -

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.60 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG  (XTER:ECK) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG's Interest Expense for the three months ended in Mar. 2024 was €0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was €0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0.00 Mil.

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG had no long-term debt (1).

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG interest coverage is 1.83, which is low.


Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG (XTER:ECK) Business Description

Traded in Other Exchanges
Address
Marienplatz 11, Munich, DEU, 80331
Ludwig Beck am Rathauseck - Textilhaus Feldmeier AG is a German-based company operating a fashion retail business. It is engaged in the wholesale and retail sale of textiles, clothing, hardware, and other merchandise by mail order or online. It operates a textile retail business under the brand LUDWIG BECK in the medium and premium price segments. It offers textile as well as non-textile goods such as cosmetics, paper products, and sound recordings.
Executives
Christian Greiner Board of Directors

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